The weather outlook is quite wet, resulting in lower front prices at Nord Pool. Meanwhile, the years have been lifted by rising CO2 prices.
Q3-07 is down 50 cents at EUR 27.85/MWh, but the traded volumes are low. The more actively traded Q4-07 contract has come off 20 cents to last change hands at EUR 40.95/MWh."The weather forecasts are wet. If we get a wet summer, prices have to drop. It seems like the market is discounting a drier than normal development," says Axel Weyler at Telge Kraft, commenting that Q4-07 in particul
Freitag, 29.06.2007, 10:33 Uhr
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